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Edexcel A-Level Economics AS 1.3.1 6c Role of the State in a Mixed Economy Questions

Practise recognising how the state acts in a mixed economy, especially where markets create external costs or fail to provide goods.

Syllabus
First assessment 2019
Course
Economics YEC11
Level
AS

Exam points

  • identify a valid state intervention in a mixed economy, such as a minimum price protecting farm incomes

Edexcel A-Level Economics AS 1.3.1 6c Role of the State in a Mixed Economy Questions question 1

[Maximum number: 1]

Which one of the following is a role of the government in a mixed economy?

A

To provide public goods such as street lighting and flood defences

B

To subsidise goods that cause external costs

C

To tax goods that cause external benefits

D

To introduce regulations that cause excessive administration costs

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